TAMIL NADU AN OPPORTUNITY BECKONS… Advantage India

Transcript:TAMIL NADU AN OPPORTUNITY BECKONS… Advantage India:
TAMIL NADU AN OPPORTUNITY BECKONS… Advantage India Growing domestic consumer base Demographic Dividend Rising disposable income and urbanization More than 800 million people under the age of 34 years Democratic set up and strong economic reforms Strong Democracy Progressive Economic Reforms Investor friendly Government Initiatives Visionary Strategic Direction Urban Population Per capita disposable income Advantage India World's largest democracy with 1.2 billion people Enabling business environment with greater global participation Strong market fundamentals Land of abundant natural resources and diverse climatic conditions Impetus on infrastructure development Access to technology as a result of the IT revolution Competitively priced skilled labour Progressive simplification and rationalization of direct and indirect tax structures Tamil Nadu is well connected to the major cities of the world both by air and sea routes Strategic Location Direct flight route 1 TAMIL NADU Hong Kong Bangkok Kuala Lumpur Singapore Mauritius Dubai, Sharjah, Abu Dhabi, Riyadh, Kuwait, Bahrain, Doha London Brussels Frankfurt Major sea routes Destinations with growing potential 10 reasons to choose Tamil Nadu 6 The State is the second largest contributor to India’s GDP #1 – An economic powerhouse on a high growth trajectory GDP growth propelled by Industries and Services sectors - decadal CAGR of 9% and 10% respectively GDP driven by Industries and Services sectors - accounting for 93% On a PPP basis, Tamil Nadu’s GDP is higher than Norway, Finland, Denmark, New Zealand, Vietnam, etc, ranking among the top 50 countries of the world 8.4% 4 – # 2 – A global industrial and manufacturing hub Highest share of India’s industrial workforce 16% Robust industrial ecosystem with right mix of over 40,000 large industries supported by over 900,000 SMEs Home to over 50 of Fortune 500 companies, and has received USD 13 billion in FDI from year 2000 to 2014 Contributes more than 10% of the national output in paper, machinery, electronics, textiles, auto and auto components and leather products Highest share of total factories 17% – Percentage of India’s major ports capacity #3 – Robust physical infrastructure (1/2) Robust physical infrastructure in tune with the modern times India’s second longest coastline of 1076 km with 3 major ports and 16 minor ports that handled over 107 million tonnes of cargo in 2014 Excellent road network of over 62,000 km (of multi lane roads alone). TN has a road density of 177 km per 100 sq. km higher than the national average of